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Suzhou Veichi Electric SHSE:688698 Stock Report

Last Price

CN¥23.38

Market Cap

CN¥5.0b

7D

6.3%

1Y

-27.3%

Updated

01 Aug, 2024

Data

Company Financials +

Suzhou Veichi Electric Co., Ltd.

SHSE:688698 Stock Report

Market Cap: CN¥5.0b

688698 Stock Overview

Engages in the development, manufacture, and marketing of industrial automation control products and system solutions in China and internationally.

688698 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance3/6
Financial Health6/6
Dividends2/6

Suzhou Veichi Electric Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Suzhou Veichi Electric
Historical stock prices
Current Share PriceCN¥23.38
52 Week HighCN¥45.00
52 Week LowCN¥21.23
Beta0.43
11 Month Change-4.61%
3 Month Change-18.82%
1 Year Change-27.26%
33 Year Change-6.41%
5 Year Changen/a
Change since IPO16.78%

Recent News & Updates

Is Suzhou Veichi Electric (SHSE:688698) A Risky Investment?

Jul 01
Is Suzhou Veichi Electric (SHSE:688698) A Risky Investment?

Suzhou Veichi Electric Co., Ltd. (SHSE:688698) Not Flying Under The Radar

Jun 04
Suzhou Veichi Electric Co., Ltd. (SHSE:688698) Not Flying Under The Radar

Recent updates

Is Suzhou Veichi Electric (SHSE:688698) A Risky Investment?

Jul 01
Is Suzhou Veichi Electric (SHSE:688698) A Risky Investment?

Suzhou Veichi Electric Co., Ltd. (SHSE:688698) Not Flying Under The Radar

Jun 04
Suzhou Veichi Electric Co., Ltd. (SHSE:688698) Not Flying Under The Radar

Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Apr 23
Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

Mar 31
Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Mar 04
There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Should You Be Adding Suzhou Veichi Electric (SHSE:688698) To Your Watchlist Today?

Mar 01
Should You Be Adding Suzhou Veichi Electric (SHSE:688698) To Your Watchlist Today?

Shareholder Returns

688698CN ElectricalCN Market
7D6.3%3.2%3.3%
1Y-27.3%-20.8%-19.1%

Return vs Industry: 688698 underperformed the CN Electrical industry which returned -22.7% over the past year.

Return vs Market: 688698 underperformed the CN Market which returned -21.8% over the past year.

Price Volatility

Is 688698's price volatile compared to industry and market?
688698 volatility
688698 Average Weekly Movement5.9%
Electrical Industry Average Movement6.1%
Market Average Movement5.7%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 688698's share price has been volatile over the past 3 months.

Volatility Over Time: 688698's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20051,612Zhiyong Huwww.veichi.com

Suzhou Veichi Electric Co., Ltd. engages in the development, manufacture, and marketing of industrial automation control products and system solutions in China and internationally. The company provides a range of electrical products, such as low voltage drives, medium voltage drives, multi-motor drives, four-quadrant inverters, and VFD accessories; servo systems, motion controllers, PLC, and HMI; and solar water pump inverters, solar water pumps, off grid solar inverters, battery test systems, and EV controllers. It also offers industry-specific drives, including construction lifting integrated machines, compressors, hydraulic servo, machine tool, water jet weaving electrical control systems, HVLS fan drives, tension control inverters, drawing machines, and pump drive and motors.

Suzhou Veichi Electric Co., Ltd. Fundamentals Summary

How do Suzhou Veichi Electric's earnings and revenue compare to its market cap?
688698 fundamental statistics
Market capCN¥4.98b
Earnings (TTM)CN¥201.63m
Revenue (TTM)CN¥1.35b

24.5x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688698 income statement (TTM)
RevenueCN¥1.35b
Cost of RevenueCN¥834.10m
Gross ProfitCN¥514.03m
Other ExpensesCN¥312.40m
EarningsCN¥201.63m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 26, 2024

Earnings per share (EPS)0.95
Gross Margin38.13%
Net Profit Margin14.96%
Debt/Equity Ratio0.7%

How did 688698 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

27%

Payout Ratio
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